Fusion-io (FIO +2.9%) rallies after Wunderlich starts coverage with a Buy and $38 target. Like...

|By:, SA News Editor

Fusion-io (FIO +2.9%) rallies after Wunderlich starts coverage with a Buy and $38 target. Like others, the firm sees Fusion-io as a potential M&A target, even though its business model could pose challenges for an acquiring server OEM. Pac Crest launched coverage with a $38 target last week.